Wed 11 Apr 2012
Information agency Experian has reported that the number of rental properties put on the market in 2011 was 692,766.
The figure was up by 58,000 on the year before, while the number of resale properties for sale dropped by 12,000 to 769,077.
Experian additionally states that 20% of all UK rental properties last year were in London, which also had 10% of housing for sale. The South-West had the highest percentage of properties for sale at 12.2%, whilst Wales and the West Midlands had the biggest increase in available letting properties, with a 20% rise in numbers compared to 2010.
Co founder director
Living Property Waveney Lettings & Property Management
If you are thinking of investing in residential property to buy-to-let please contact Living Property on 0845 459 4095 or firstname.lastname@example.org for more information www.livingproperty.co
Living Property, 12/04/12, www.livingproperty.co
"Living Property have fully managed my three rental properties in Bungay for several years now. I have always found Kim and Paula to be efficient, professional, proactive and friendly. Dealing with them has become like dealing with friends. The agencyâ€™s monthly management fee is very reasonable. I am often abroad, and I particularly value the fact that when tenants move in or out, the staff deal with all the utility companies, meter readings, Council Tax, etc. In the early days, when I managed the properties myself, this was nothing but hassle, worry and aggravation, but not any more. Paula makes regular inspections of the properties and reports back to me. She is not greeted by the tenants with suspicion or misgiving but is welcomed in, sometimes with tea and pastries! I have no hesitation in recommending Living Property both to landlords and tenants. Dr C. Goodden (landlord)"